Have to agree that they will want P2 as complete as possible before arriving at the final evaluation. Milestone achievements change things.
I wonder if the unveiling of P2 will in itself add considerable value to this company and whether that has been factored in.
In the greater scheme of things, Q3 (or even Q4 for that matter) really isn't a long time to expect a partnership or even some licencing deals. The shareholder base may change by then but at least we will be in stronger hands going forward...